The end of social media as we knew it. Not too soon.The mass exodus has begun. Social media getting blocked left and right, users fleeing towards alternatives, foreign countries building their own platforms.
The monopoly is over. The collapse will be apocalyptic.
Any increase in price is a sucker rally and a short entry.
Twitter and Facebook in particular will be hit very hard.
The US government might also give them the Standard Oil treatment.
China got its social media, Russia got its (maybe they recreate some sort of Soviet Union?), Europe was officially on the US side because the snobs were but now the snobs are pulling away so perhaps they develop their own.
France university liberals started a campaign to "decolonize" the country from US racial ideas, I don't know how big it is yet. They said that it was a fad with marxist roots, where "proletariat exploitation by rich owners" was replaced with "oppression of blacks by whites" (took them a while to figure it out) and people (especially young impressionable people) were mindlessly repeating what they saw on social media (herd mentality).
After Trump was banned, Angela Merkel criticized the tech giants, France too. Poland is making laws to prevent them from censoring people (if they do nothing illegal) with a big fine for non-respect.
Some companies said "bans were not enough" and want to remove some people from the internet completely, for example Mozilla wants to block people via the navigator.
The insane fascist-communist US might go along, but obviously the whole world will not agree.
The novelty effect is over, this is 2021, making a website is not that hard. Other countries can do it. Specialised/niche sites can pop out.
Other companies can do some of what TWTR does better. And there can be some "apps" that link it all together.
They're going to zero, just like myspace 🤗
FB: Weekly double topWe could see a bounce from the low end of the range or we could see a break to the downside which could offer lower timeframe shorts.
The next day will be the answerJust nice the price are touching the strong support line that are tested few times. If price close lower than 247, I will go short. if it goes the other way round, it might be a good time to accumulate some long position of it as it fulfill the "Dip on the uptrend"
FACEBOOK BOTTOM ?HOLDING .618 AND A.382The chart posted show me support is major at 245 to 239 .As well as the 200 day avg . I am flat due to the overall market has TOPPED .A much deeper drop is at had
Facebook - investment stock ideaFacebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving.
The probability of further falling is extremely low, besides there is a reaction from the support zone.
Entrance zone 245-250.
Cancellation of the scenario - price go below 235.
Potential profit 4-8% minimum.
Investment for at least 2-3 weeks.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
FACEBOOK 26th DecHi traders,
As I mentioned, the Facebook starts downtrending if (break triangle).
I expect to continue descending trend at the first level 219$ and after that 147$
Please comment me your opinions
FaceBook Is Looking For A Lower Support LevelHello traders and investors!
Today we will talk about single stock FaceBook in which we see quite clear Elliott Wave pattern.
If you are familiar with Elliott Waves, then you know that after every five waves, a three-wave a-b-c pullback follows.
Well, as you can see FB made nice and clean five waves up from March lows and currently seems like it's trading in an a-b-c correction where wave "c" is still missing, so be aware of that wave "c" drop that can send the price back to ideal previous wave "iv" swing lows, golden 61,8% Fibonacci retracement and 205 support level and later then we can expect another bull-run, but only if we get strong and impulsive bounce down there.
Be humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Facebook - Best Place to Buy
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Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
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selling all my stock in FB - Backlash from censorship will come No-one can show clearly that he is stronger and more powerful than the king ! FB and TwTR have just reminded world leaders of the great danger of leaving them unchecked and so powerful with their monopolies.
It is a matter of time but it will come really hard on them all , if not in the US as their supported Biden but around the world it is coming !
Their arrogance will be paid
Detailed FACEBOOK Video Top-Down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for FACEBOOK, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Facebook Buying opportunity zone🙋♂️ Hello Stocks Community!
Check out my long term analysis on Facebook. In the chart you can see my Buying S/R zones where I am going with long position. Also you can see there Retails Stoploss zones and liquidity zone.
Now is potential go down, but I am not shorting that. I am waiting to my Buy zone or for a new scenario. Will keep you updated!
More information about my trading style:
I am not a pattern trader. My strategy and edge are based on volume zones where I see Big players were trading. When the market comes there, I want to enter a trade. Every day I identify key levels and key zones, then I just wait for the price to come.
Hope it helps,
See you next time!
Is Facebook losing friends?Facebook has been a holding in the portfolio since late November but has been a slow moving loser. The low end of the weekly range (rectangle low 264) was tested today but price responded well. I have been looking for all-time highs but its recent performance has given me doubts. For now we just sit and wait. The company is definitely not getting the love it once did but that can change at anytime. Todays low will be the line in the sand. Below todays low we will cut the position and re-evaluate
Positional Trade on FacebookFacebook looks good if it sustains 282. T1 290 T2 300 Mentioned the levels in the chart.
Facebook out of steam: Daytrade: Short FB target: $271.88If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Hi fellows, just one of my today daytrades:
Nice entry point in supply zone.
------------------------Trade setup ---------------------------
Entry: 276.90
Stop Loss: 278.92
Profit target: 271.88
Time stop: Exit at market close
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Here is 4H chart for bigger picture: